Qinetiq Share News (QQ.)

IN BRIEF: Filtronic inks deal with Qinetiq for RF subsystem

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Inks new contract with Qinetiq Group PLC, a global defence and security company. Says that phase one of the contract is valued at GBP2.0 million, with revenue expected to be recognised over the next two years. It is for the development of a radio-frequency subsystem to be installed into a range radar solution, which can then be deployed either as a vehicle mounted land system or a helicopter mounted mobile solution.

UK dividends calendar - next 7 days

LONDON MARKET CLOSE: Blue-chips nurse modest losses despite late rally

(Alliance News) - Blue-chips in London posted modest losses at the close on Monday as a late rally saw most of the early deficit recouped.

LONDON MARKET OPEN: FTSE 100 down as miners fall amid tepid China data

(Alliance News) - Stock prices in London opened a touch lower on Monday, in a slow start to a week stacked with interest rate decisions.

London close: Stocks mixed ahead of Autumn Statement

(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.

LONDON BROKER RATINGS: Goldman likes StanChart; RBC raises Currys

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Qinetiq wins USD170 million US Department of Homeland Security deal

(Alliance News) - Defence technology company Qinetiq Group PLC on Monday said it has won a USD170 million deal with the US Department of Homeland Security for a radar system.

Qinetiq wins $170m contract with US Homeland Security dept

(Sharecast News) - Qinetiq Group said it's Avantus unit has won a five-year $170m contract with the US Department of Homeland Security for its Tethered Aerostat Radar System (TARS).

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

Qinetiq backs outlook despite hit from "short-term timing effects"

(Alliance News) - Qinetiq Group PLC on Thursday backed annual guidance, though it said its first-half cash conversion rate was weaker than expected.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: M&S and Unilever raised but Asos cut

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Qinetiq talks up outlook as sizes up GBP3 billion revenue target

(Alliance News) - Qinetiq Group PLC on Wednesday said it stands to benefit from rising defence budgets in its key markets, as it affirmed its aim of reaching the GBP3 billion revenue threshold in 2027.

IN BRIEF: Qinetiq to meet full-year expectations; order intake surges

Qinetiq Group PLC - Farnborough, Hampshire-based defence technology company - On track to deliver full-year expectations following a "strong second quarter" for the year ending March 31. Secures first half order intake of around GBP950 million, up 16% from GBP800 million a year ago. This increases revenue under contract for the full year to 90%. Looking ahead, Qinetiq is on track to deliver "another good year of good organic revenue growth," in line with its full-year forecasts and long-term guidance. Operating profit margin is expected to be at the lower end of the 11% to 12% range, while capital expenditure is expected to remain between GBP90 million and GBP120 million.

Qinetiq delivers 'strong' Q2 performance

(Sharecast News) - Defence technology company Qinetiq delivered "a strong second quarter", resulting in improved organic revenue growth and operating profit margins in the first half.